Report Update May 1, 2024

Sri Lanka - Iron or Steel Crown Corks - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Metal Crown Cork Market 2024

Metal Crown Cork Market Size in Sri Lanka

In 2022, the Sri Lankan metal crown cork market increased by X% to $X, rising for the second year in a row after five years of decline. Over the period under review, consumption, however, continues to indicate a perceptible decline. Metal crown cork consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Crown Cork Exports

Exports from Sri Lanka

In 2019, exports of iron or steel crown corks from Sri Lanka stood at X units, approximately mirroring the year before. Overall, exports faced a abrupt contraction. The smallest decline of X% was in 2018. The exports peaked at X units in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, metal crown cork exports amounted to $X in 2019. Over the period under review, exports recorded a dramatic decline. The smallest decline of X% was in 2018. The exports peaked at $X in 2017; however, from 2018 to 2019, the exports remained at a lower figure.

Exports by Country

China (X units) was the main destination for metal crown cork exports from Sri Lanka, accounting for a approx. X% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to China was relatively modest.

From 2012 to 2019, the average annual rate of growth in terms of value to China was relatively modest.

Export Prices by Country

The average metal crown cork export price stood at less than $X per unit in 2019, flattening at the previous year. Over the period under review, the export price continues to indicate a significant decline. The growth pace was the most rapid in 2018 a decrease of X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2019, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2019, the rate of growth in terms of prices for the UK amounted to X% per year.

Metal Crown Cork Imports

Imports into Sri Lanka

Metal crown cork imports into Sri Lanka soared to X units in 2022, jumping by X% on 2021. In general, imports, however, saw a abrupt slump. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, metal crown cork imports soared to $X in 2022. Over the period under review, imports, however, recorded a pronounced downturn. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X units) was the main supplier of metal crown cork to Sri Lanka, with a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India stood at X%.

In value terms, India ($X) constituted the largest supplier of iron or steel crown corks to Sri Lanka.

From 2012 to 2022, the average annual growth rate of value from India totaled X%.

Import Prices by Country

In 2022, the average metal crown cork import price amounted to $X per thousand units, surging by X% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal crown cork import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel crown corks in the world?

The country with the largest volume of metal crown cork consumption was the United States, comprising approx. 44% of total volume. Moreover, metal crown cork consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fourfold. India ranked third in terms of total consumption with a 5% share.

What are the largest producers of iron or steel crown corks in the world?

The United States remains the largest metal crown cork producing country worldwide, comprising approx. 44% of total volume. Moreover, metal crown cork production in the United States exceeded the figures recorded by the second-largest producer, China, fourfold. The third position in this ranking was held by Italy, with a 6.1% share.

What are the leading suppliers of iron or steel crown corks to Sri Lanka?

In value terms, India constituted the largest supplier of iron or steel crown corks to Sri Lanka.

What is the average export price for iron or steel crown corks in Sri Lanka?

In 2019, the average metal crown cork export price amounted to less than $0.1 per unit, remaining stable against the previous year.

What is the average import price for iron or steel crown corks in Sri Lanka?

The average metal crown cork import price stood at $7.6 per thousand units in 2022, with an increase of 52% against the previous year.

This report provides an in-depth analysis of the metal crown cork market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25921330 - Iron or steel crown corks

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023